Construction has commenced on the redevelopment of the Vauxhall Industrial Estate in Stockport. Once completed, the vacant eight-acre brownfield site will provide 206,000 sq ft of modern industrial and office units across up to 28 buildings.
Units at the site on Greg Road, Reddish, will range from 4,000 sq ft to 13,500 sq ft and there is an option for tenants to combine multiple units. All of the units will be EPC A rated and feature PV rooftop solar panels to generate electricity for occupiers.
Real estate developer and investor Western UK Property Group (WUKPG) has appointed RECOM Solutions to manage the project. Foundation works have already been completed and the installation of steel frames and cladding is now under way.
Jason McKnight, RECOM director, said: “We’re thrilled with the progress being made on this prestigious project to transform the Vauxhall Industrial Estate, which is soon to be renamed Vauxhall Trading Estate. We have been involved in the scheme from its conception and are excited to be supporting it through to completion. It’s also great to be working with WUKPG for the first time, which adds yet another respected developer to our client portfolio.”
Oliver Lipson, director at WUKPG, added: “While we’ve seen a significant number of new-build institutional big box sheds for the logistics sector, delivered across the UK, there’s a growing demand for smaller, efficient, modern industrial units for SMEs, including fulfilment, e-commerce and last-mile business to multinational trade counter retailers.
“This scheme should prove to be a strong income-producing asset with a gross development value of £40m, to be held for long-term investment in our property portfolio. Vauxhall Trading Estate is positioned in a strong location for Stockport, a major town with continued public and private investment across infrastructure and all real estate asset classes.”
WUKPG has appointed DTRE and Sixteen Real Estate to market the units, which are scheduled to be available from Q2 2024. The project team also includes architects C4 Projects, structural engineers Roscoe and mechanical and engineering consultants King Associates.
